Pomona News

Pearlmark Provides $81M for Apartment Project in Coral Gables

Swiss investment firm Empira Group has secured an $81 million construction loan to build a 160-unit multifamily development in Coral Gables, Fla. Pearlmark provided the financing for Aurelian, a 12-story multifamily project on a 1.2-acre…

Citi Provides $210M Refi for Grand Hyatt Resort in Southern California

Citi has provided $210 million in refinancing for Trinity Investments’ 531-key luxury hotel in Southern California’s Coachella Valley. JLL Capital Markets arranged the five-year, floating-rate, single-asset, single-borrower commercial…

L.A. Industrial Vacancy Falls for First Time in Two Years

Los Angeles County’s industrial real estate market extended its recovery over the summer with its fourth quarter in a row of positive net absorption and its first annual decline in vacancy in at least two years. A new report from CBRE…

Walker & Dunlop Investment Partners Supplies $63M Refi for Illinois Apartments

Noah Properties has landed $62.5 million of lease-up financing for a newly built multifamily development in suburban Chicago, Commercial Observer has learned. Walker & Dunlop Investment Partners (WDIP) originated the loan for 945 Nanusha…

Redlands schools make ‘controversial issues’ policy official

6 pasta restaurants to try in the Inland Empire

New Nancy Silverton restaurant in Pacific Palisades hailed as a sign of renewal

Skin Care Brand FaceGym to Open New Tribeca Location at 110 Reade Street

Time to face the music. FaceGym, a skin care brand that describes itself as a “facial fitness” studio, has inked a 10-year, 2,400-square-foot lease for a new Tribeca spot at 110 Reade Street, according to landlord broker Platinum…